Morgan companys last dividend d0 was 250 what is your


Morgan Company's last dividend (D0) was $2.50. Its dividend growth rate is expected to be constant at 24% for 2 years, after which dividends are expected to grow at a rate of 6% forever. If the company's required return is 12%, what is your estimate of its current stock price?

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Financial Management: Morgan companys last dividend d0 was 250 what is your
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